The Mega Wealth Academy  | | Talking the talk - how to get rich quick |
A business scheme promising an annual income of £100,000 working from home is an attractive proposition indeed. So attractive and convincing that investors were willing to part with £4,000 to join. They thought they were becoming members of an exclusive club
the 'Mega Wealth Academy'. One of just 15 people, with exclusive world wide rights to sell a series of publications, including "The Layman's Guide to an Immense Free Fortune" and "The Mega Wealth tax free Cash System". The Scheme was being run by a company called 'Lord and Thomas', founded by Simon Johansson. The company promised that the products had limitless global appeal. But members of the 'Academy' who contacted Inside Out, lost thousands of pounds to the scheme, and when they asked for their money back under the cast iron money back guarantee, they received nothing. Academy members are not the only ones who feel let down by the company. Author of the "Tax Free Cash System", John Duncan, lives in Cambridgeshire. When he found out how his book, which is a spread betting system actually called the "Football Cash Generator", was being marketed, he was very unhappy. He obtained a written undertaking from Simon Johansson that he would not continue to market it. But Inside Out obtained evidence that Simon Johansson did not honour this agreement and was continuing to sell the product and make money from it.
Inside Out tracked down the company's founder Simon Johansson and director of Lord and Thomas Barbro Johansson to their base in Sweden. They refused to give an interview - but Simon Johansson said in a written statement: "I am aware of many members who have made a profit... all valid refund requests are honoured. I have marketed and sold a book on behalf of John Duncan... I no longer sell the book."
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